LendingOne, LLC

Basic information

QM program

N/A

Loss payee

N/A

CPL or subordinate clause

N/A

Lock policies & fees

Lock policies

Lock extension

N/A

Relock

N/A

Lock & Shop

No

Lender's niche & overlays

Lender's niche

LendingOne is a direct lender for fix and flips, rental DSCR properties, New Build, and Portfolio projects. We specialize on speed & ease and can close in a few days!

Please take a look at our programs below. 

Below is a recap of our new construction loan terms:
12-24 month loans, I/O payments, no prepay penalty
No interest on unused construction funds
Maximum initial loan: Up to 80% of total cost (land + construction)
Maximum total loan: Up to 75% of the After -Build -Value
10 - 12 business days to close
Below is a recap of our fix & flip loan terms:
12-month loans, I/O payments, no prepay penalty
No interest on unused construction funds
Maximum initial loan: Up to 90% of total cost and 100% of rehab
Maximum total loan: Up to 75% of the After -Repair-Value
10 - 12 business days to close
Below is a recap of our rental purchase/refinance loan terms:\
30 year fixed rates, plus 5 & 10 year, I/O, adjustable rate options
Maximum initial loan: Up to 80% LTV on purchases/rate & term refinances and up to 75% LTV on cash out refinances
Minimum loan amount $70,000
Prepayment Penalty Period and Interest Rate Buydowns available
15 - 20 business days to close

Lender's overlays

None    

Lender turn time

Initial underwrite (days)

0

CTC conditions review (days)

0

Initial CD (days)

0

Reviews